Leased Duplex with Fenced
2833 NW 22nd Street Oklahoma City, OK 73107
2833 NW 22nd Street, Oklahoma City, OK, 73107
$299,000
For Sale
$299,000
MULTI_FAMILY - Tudor - Oklahoma City, OK
Property Size1,806 SF
Lot Size0.17 Acres
Price / SF$165.56
Days on Market48
Property Features for 2833 NW 22nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1
- Parking
- 2
- Fireplace
- 1
- Appliances
- Dishwasher, Refrigerator, Washer/Dryer, Water Heater
- Standard status
- Active
- APN
- 2833NW22nd73107
- Size
- 1,806 SF
- Lot size
- 0.17 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1928
- Floors in Building
- 1
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Tudor
Listing Agency
Verbode
(405) 757-7001
1711 Spoke St, Oklahoma City, OK
Listed by
Sarah Bytyqi · License #154928
(405) 757-7001
Added: May 31 Checked: Jul 17 at 4:06 pm
MLS# 1232000
Listing URL
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale duplex features two identical units, each offering 2 bedrooms and 1 bathroom. The homes include restored hardwood floors throughout, along with updated kitchens and bathrooms. Exterior amenities include a gated and fenced backyard with a parking pad and two storage sheds for tenant use.
Unit 2833 is leased through April 2027, while unit 2835 is currently available. The property is situated on a lot totaling 0.1722 acres and totals 1,806 square feet overall.
For tenants and operators, the appeal is straightforward: two well-maintained, similar floorplans with updates and in-yard storage, plus off-street parking in a controlled yard setting. For buyers, the mix of an in-place lease and a currently available unit can support a variety of operational plans, with the lease for 2833 already in place and 2835 ready for occupancy. Please do not disturb tenants.
Unit 2833 is leased through April 2027, while unit 2835 is currently available. The property is situated on a lot totaling 0.1722 acres and totals 1,806 square feet overall.
For tenants and operators, the appeal is straightforward: two well-maintained, similar floorplans with updates and in-yard storage, plus off-street parking in a controlled yard setting. For buyers, the mix of an in-place lease and a currently available unit can support a variety of operational plans, with the lease for 2833 already in place and 2835 ready for occupancy. Please do not disturb tenants.
Key Highlights
- Cash‑flowing duplex with identical 2 bed/1 bath units (2833 and 2835).
- 2833 unit is leased through April 2027; 2835 is currently available.
- Updated kitchens and bathrooms, with restored hardwood floors throughout both units.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.9k | $13.80 |
| − Vacancy | −$1.4k | −$0.76 |
| EGI | $23.6k | $13.04 |
| − OpEx | −$7.1k | −$3.91 |
| NOI | $16.5k | $9.13 |
1,806 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$235.5K
$206.1K – $274.8K
NOI $16,486 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$217.9K
$190.7K – $254.3K
NOI $15,255 @ 7.0% cap · market cap 5.10%
Theoretical Best
Specialty Retail
$617.7K
$540.5K – $720.6K
NOI $43,236 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Cash-flowing duplex with updated interiors, fenced yard, and parking pad with storage sheds for tenant use.
Where is this duplex located?
The property is located at 2833 NW 22nd Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Cash‑flowing duplex with identical 2 bed/1 bath units (2833 and 2835).; 2833 unit is leased through April 2027; 2835 is currently available.; Updated kitchens and bathrooms, with restored hardwood floors throughout both units.
